In This Article:
IPG Photonics (NASDAQ:IPGP) Full Year 2024 Results
Key Financial Results
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Revenue: US$977.1m (down 24% from FY 2023).
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Net loss: US$181.5m (down by 183% from US$218.9m profit in FY 2023).
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US$4.09 loss per share (down from US$4.64 profit in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
IPG Photonics Meets Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.
Looking ahead, revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Electronic industry in the US.
Performance of the American Electronic industry.
The company's shares are down 10% from a week ago.
Balance Sheet Analysis
While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on IPG Photonics' balance sheet.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.